My Trading is based on the laws of supply and demand. Everything about price is reflected in the price. Price moves between areas of supply and demand until the demand is absorbed and price moves lower or supply is absorbed and price moves higher. This blog is dedicated to the relationship of supply and demand and it's effects on price in the forex markets. Once supply and demand is learned, it can be used in any market.
1-29-07
GBPUSD
The GBPUSD is sitting on weekly support for the third week in a row. It could extend the range down to 1.9488 some time this week. I will trade the 1.9488 to 1.9640 range if that happens.
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Forex Trading Based on Supply and Demand
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12:24 AM
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